You're gonna love this...dominant trend direction change to DOWNHey yo
I can't remember everything we covered in this video, but here's some:
> correctly scaled charts
> pro-tip on how to select which Gann Square intersection price will land up next
> using areas of non-probability to highlight areas of highest probability
> bunch of other stuff
enjoy
Gann
A live example of why not to counter trend tradeNot a long video, but in it a quick reminder of a recent example of why not to trade every market move
Trading with trend you can enter late and exit early and still be profitable
If you chase every turn on the market, moves such as the last 24hrs could torment ya
(and yes I played a tiny bit of Linkin Park for no particular reason lol)
Predicting the markets move before they happen. Days in advance Another on point prediction. You should be getting used to that by now ;)
We can do this on any time frame...just as a reminder lol
For those waiting on the still image charts, I have stopped those as the 'glancers' become trolls as this miss the context behind the forecarts. So only video market updates from now on.
Also, I will make further announcements as it becomes more real...(right now I am finishing off some architecture refinements on the MTOPS Ai model)
As an early heads up, here is me telling ya that there will be a man vs machine prediction series where I predict versus my Ai model predicting and we'll see who wins. The ultimate aim is for me to lose, as soon as Ai model beats me 10 times in a row...I aim to retire ;)
All of that and more to come!
Squaring Time + Price Action : A Simple Method For SuccessSquaring tool used : "Gann Fixed Square" with interior lines deleted if one wishes.
'Simplicity is the ultimate sophistication.' -Leonardo da Vinci
“Simplicity is the glory of expression.” — Walt Whitman
90% of people overthink things.
The result?
They don’t make progress in their lives and they feel stuck.
Simplicity boils down to two steps: Identify the essential. Eliminate the rest.
This method involves scaling the chart in accordance with a specific esoteric number of power in harmonic relation with the chosen time frame.
This approach allows for predictive models that are both innovative and grounded in proven financial theories. This method serves as a powerful tool for identifying potential turning points and market trends with greater precision.
Downtrend Continues. Lets chat about mindset todayAfter getting back onto TradingView to do some more daily market updates (which wasn't the plan) I put less effort into the market setups as I'd gone over to the otherside of the progression curve.
Students have the same thing happen to them once they have gone beyond the honeymoon period and then into the management of their patience and discipline rather than absorb more exciting breakthrough live changing material.
During the symmetrical triangle non-trade period over the last few weeks I didn't have anything to prove, so my level of action wasn't on the same level as it would have been when trying to prove a point. This means I got lazy on looking at all the options and also did not consult the lower time frames to consider their structure etc. I am saying this because all students will eventually get to this point themselves.
So to deal with my emotions I went into wild nature and asked the 'nature gods' to guide me, and they did. I was reminded of what got me through the mental struggles, the emotional struggles, the physical struggles and all the struggles. And for me, that was packaged into 2 powerful-to-me words "I win". And for anyone who knows my story, you'll know the endless challenges I have overcome.
If you have been wobbled by life, ask yourself "what is unique to me which powers me through" and use that to be at the forefront of the game!
Much love!!
How to spot a symmetrical triangle, and why it mattersToday we chat about a range of topics
> why not to trust convenience or black box solutions
> why exchanges aren't your friend (and your capital is)
> why scaling is so important to geometric forecasting
> how to spot a symmetrical triangle and what it means to you (aka you're not allowed to trade during a symmetrical triangle
> market structure & trend recap
Trading lessons on real live market action. Killzone, trend...today's lesson & update will work best with yesterday's video on market structure.
It also highlights the importance of solid rules to trade with, in this instance it is:
trade with trend
wait for price action to exit killzone
use demo accounts to learn a new skill, not real money (until your results prove that you are ready)
Walking out from the washing machineI'm sure I'm going to get some bad press about the market now going up again...
Ranging markets are tough for everyone, its how you handle your account during the periods of uncertainty that matters
I'm exhausted by seeing the market going up, so I'm personally shocked that it has the energy to do so...alas, its going up
So for those who sold to cash, congratulations on locking in the profit, being responsible during the period of market reshuffle, and enjoy the Long positions to come (until the trend is over)
Use the MTOPS Rules to ensure you enter your trades responsibly As I've been saying for days, the downtrend is continuing
The 3rd high has formed prematurely (imo) so expect some weird market moves as it attempts to shift itself into a 'responsible' structure one more
As always, don't rush in. You don't need to chase trades like the masses do, you can hand pick the quality setups
NDX: A new multi weekly upward cycle is beginningBased on the time the price stays below 18464.70, we will be able to understand which cycle's degree is on the edge.
Given that the time for a T+5U is not over yet, we expect to return to the absolute top in the next months (> 18464.70), but before we have to close a potential T+3/T+4 downward cycle.
Market Consolidation: A Brief Pause Before the Downtrend ResumesThe current market conditions suggest that we are witnessing a period of consolidation, with prices trading within a narrow range. This consolidation phase is likely to be a temporary pause before the prevailing downtrend reasserts itself.
Key observations:
> Prices have been oscillating between well-defined support and resistance levels, indicating a lack of clear directional bias.
> Trading volumes have decreased during this consolidation period, suggesting that market participants are awaiting a decisive breakout.
> The overall market sentiment remains bearish, with the underlying trend still pointing towards lower prices.
Traders should exercise caution during this consolidation phase and prepare for a potential continuation of the downtrend. Shorting opportunities may arise once prices break below the current support levels, confirming the resumption of the bearish trend.
However, it is essential to maintain strict risk management practices and set appropriate stop-loss orders to protect against any unexpected market reversals. As always, traders should stay vigilant and adapt their strategies based on the evolving market conditions.
Keep a close eye on key support and resistance levels, as a decisive break in either direction could provide valuable insights into the market's near-term direction. Stay tuned for further updates as the market navigates through this consolidation phase.
Dominant trend direction continues Not much change from yesterday's update. The Price went into range as suggested. Watching for a reversal to the upside, but unlikely
I feel the market is heading down overall. As always keep a smartly set stoploss in place to protect your capital from the zigzags that happen across the chart whilst price anchors in to its sweet spot before continuing on trend